Posted on 20 March 2013 by Melani
My husband has a joint mortgage with his son who only paid first two years and lives in NZ. Can he claim half the house?
There are a couple of options. Your husband could apply for a transfer of equity, which his son would need to agree to, and this would see the mortgage and ownership of the property moved into his sole name. Alternatively your husband could get his solicitor to set the ownership up as 'tenants in common' whereby the percentage of the property can bet as 50/50 or any other split. Again though his son would have to give his agreement for this to happen.
Ideally your husband should speak to a solicitor to get the best advice for this particular situation.
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